Regulater86

5 Month BTC prediction

Short
BITSTAMP:BTCUSD   Bitcoin
BTC is going to continue to drop for the foreseeable future. We should be below $7,000 (realistically below $6000) by the end of next week, if not sooner. There will be very few slight upturns over the next few months. The increase will not be enough to consider day trading, the risk will not be worth the reward. If I were to sell, it would be immediately, because even if the price goes up for a day or week, it will be going down dramatically shortly after. It will continue to drop until July when the price will bottom out between $2500 - $3000. I have evidence that supports this, but I can't give it up. This is not meant to be taken as advice, it is strictly a prediction for the next 5 months.

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